The Institute of Chartered Accountants of India (ICAI) has released a new publication titled “Handbook on Key Compliances and Exemptions for Private Limited Company under the Companies Act, 2013,” aimed at helping businesses, professionals, and corporate stakeholders better understand regulatory obligations applicable to private limited companies in India.
Published by ICAI’s Corporate Laws & Corporate Governance Committee, the handbook provides a structured overview of the key compliance requirements and exemptions available to private limited companies under the Companies Act, 2013. The publication is intended to serve as a practical reference for chartered accountants, company secretaries, directors, and entrepreneurs managing corporate governance responsibilities.
According to ICAI, the handbook consolidates provisions related to statutory filings, board and shareholder meetings, maintenance of records, financial reporting obligations, and other regulatory requirements applicable to private limited companies. It also highlights specific relaxations and exemptions granted to such companies under the Companies Act and related rules, helping businesses navigate compliance obligations more efficiently.
The institute noted that private limited companies form a significant segment of India’s corporate ecosystem, particularly among startups, small and medium enterprises, and family-owned businesses. However, compliance with company law provisions can often be complex due to frequent amendments and evolving regulatory frameworks. The handbook therefore aims to simplify these provisions and present them in an accessible format.
ICAI stated that the publication has been prepared after reviewing relevant statutory provisions, rules, and regulatory updates. While due care has been taken in compiling the information, the institute clarified that users should verify the provisions with the original legislative text before relying on them for professional decisions.
Released in the February 2026 edition, the handbook has been published by ICAI’s Publication and CDS Directorate from its headquarters in New Delhi. The institute expects the guide to assist professionals and companies in strengthening corporate governance practices while ensuring adherence to statutory requirements.
Industry observers say the handbook could prove particularly useful for newly incorporated companies and compliance professionals seeking a consolidated guide to regulatory obligations under India’s corporate law framework.
